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Aren’t wealthy just buying giant TH asic machines? The gpus are good exactly because they are efficient but if you didn’t care about power consumption, ASICS a
by onethought 5y ago
Aren’t wealthy just buying giant TH asic machines?
The gpus are good exactly because they are efficient but if you didn’t care about power consumption, ASICS are more profitable (in terms of cost of setup vs return from mining).
The primary reason I went with gpus, is because I can shut them off based on solar excess in 100w increments. So if I’m 200w in excess, turn 2 cards on. 300w - 3 cards etc.
- esyir 5y agoThey're not. Asics are more a function of the coin being mined. Namely, if asics are out and competitive, they generally replace gpus altogether as they're both more powerful and efficient. See btc, where gpu mining is completely worthless. Eth on the other hand has no notable asic out AFAIK, and requires gpu mining. Eth miners, regardless of scale, thus require gpus.
- onethought 5y agobtc mining isn't worthless - just you don't directly mine. You sell your compute to the pools.